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Discontinuation of The Reduction Of Fixed Deposit Placement Based On Property Purchase And MM2H Approval By Government Pension
Kindly be informed that MM2H Centre has discontinued the reduction of Fixed Deposit placement based on property purchase worth RM1 million and above in Malaysia. Also discontinued is the MM2H...
Federal Gov't Responsive To Sabah's Needs, Says Musa Print E-mail
Wednesday, 11 March 2009 16:27
KOTA KINABALU, March 10 (Bernama) -- The mini budget unveiled by Deputy Prime Minister and Minister of Finance Datuk Seri Najib Tun Razak, is all encompassing with the ability to help the nation weather the current global economic crisis, said Sabah Chief Minster Datuk Seri Musa Aman.

He said it was a budget that would generate greater economic opportunities for the people and investors while stimulating growth in various socio-economic sectors.

"It is a budget that takes into account the welfare of the people, namely through poverty eradications programmes.

"We are happy and thankful to the Deputy Prime Minister for the various allocations given to Sabah. It shows that the government understands and is responsive to Sabah's needs," he said in a statement here, Tuesday.

Musa, who is also State Finance Minister said, allocations for the development and upgrading of infrastructure such as roads, bridges, schools, hospitals and electricity supply was timely.

"The funds provided for such infrastructure projects are much needed in Sabah.The state is still largely made up of rural areas and therefore needs more infrastructure and basic utilities," he said.

He also welcomed the announcement on Permanent Residence status given to foreigners who invested US$2 million or more under the "Malaysia My Second Home" programme.

He said it would give the programme a boost.

-- BERNAMA
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